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Market/ETF Video – Long-term Breadth vs Thrusts – Wedges and Overbought in Downtrends

The next report will be on Thursday, May 8th

See today’s Market Regime update [1] for long-term breadth charts and a ZBT update. 

Report/Video Headlines

  • Short-term Thrusts vs Long-term Trend/Breadth
  • SPY and QQQ Surge to Resistance Zones
  • Tech, Semis, Housing and Trucking in Downtrends
  • One Clear Equity Leader (ITA)
  • Channel Breakouts (CIBR, ARKF, IHI, IGV)
  • Rising Wedge Recoveries (XLI, XLF, IYZ, XLC)
  • Modest Downtrends Mean Less Weakness (XLU, XLP, KIE)
  • Gold SPDR Breaks out of Small Wedge
  • Silver ETF Forms Big Continuation Triangle
  • Gold and Silver Miners Break Out of Small Wedges
  • DB Agriculture ETF Stalls after Breakout
  • Natural Gas ETF Falls Back after Seven Day Surge
  • Bitcoin ETF Consolidates after Breakout Surge

Send feedback to support(at)trendinvestorpro.com or use the contact form.  [2]

Thanks for tuning in and have a great day!